BW is committed to being the world’s leading provider of maritime energy transportation services. To that end, we strive to achieve superior financial results and we adhere to safe operating standards while simultaneously adopting high ethical principles. The following anti-bribery policy guides our interactions with suppliers, customers, members of the industry and other stakeholders at all levels of the organisation.
- Comply with all applicable laws relating to anti-bribery and corruption in the jurisdictions in which we operate and in particular with respect to the UK Bribery Act 2010.
- Support any employee who passes up an opportunity or advantage that would compromise our standards.
- Ensure that our reputation for ethical behaviour and fair dealing with suppliers, customers, members of the industry and other stakeholders is maintained.
- Expect all employees to conduct themselves with high standards of integrity.
- Prohibit the giving or receiving of any gift, cash, entertainment or hospitality where the intention is to influence a business decision.
- Prohibit unofficial payments or gifts made to facilitate routine government action (facilitation payments) where there is an intention to influence a public official in the performance of his/her official function and gain an advantage in the conduct of business.
- Prohibit employees from asking for or suggesting any gifts and/or entertainment of any kind or amount from suppliers or any other person.
In order to achieve this we
- Provide training, guidance to employees on BW’s anti-bribery policy.
- Report gifts and entertainment according to HR guidelines for shore based employees.
- Record gifts and entertainment exceeding a value of USD 300 on board.
Employees are responsible for reporting infringements of any applicable laws in the jurisdictions in which BW operates and in particular with respect to the UK Bribery Act 2010.
BW is a member of the Maritime Anti-Corruption Network (MACN), a global business network working towards the vision of a maritime industry free of corruption that enables fair trade to the benefit of society at large. MACN and its members promote good corporate practice in the maritime industry for tackling bribes, facilitation payments and other forms of corruption.
MACN collaborates with key stakeholders, including governments and international organizations, such as the United Nations Development Programme (UNDP), to identify and mitigate the root causes of corruption in the maritime industry. For more information, visit their website.